Environmental effect of green technology innovation and industrial structure aspects
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With the motivation to explore China’s nationally determined contributions (NDCs) toward a net zero emission future, we examine whether green technology innovation mitigates carbon dioxide (CO2) emission thereby improving environmental quality across five of the most populous provinces (consisting of 85 cities) for the period between 2007 and 2019 in a multidimensional panel approach with an endogeneity robustness from two-step system generalized method of moments (GMM). The results show green technology innovation, economic output (GDP), and financial development spur CO2 emission in the across the provinces. Meanwhile, especially in the whole panel, green technology innovation is dependent on the level of industrial structure (a moderation effect), but this interaction effect fails to show desirable outcome in the province-specific cases. Additionally, in each of Guangdong, Henan, Hunan, Shandong, and Sichuan provinces, carbon emission is triggered by an increase in GDP and financial development. Additionally, green technology innovation (i) worsens carbon emission through the moderating effect of advanced industrial structure and industrial structure rationalization in Guangdong and Sichuan provinces (ii) worsens carbon emission through the moderating effect of rationalization of industrial structure in Henan, Sichuan, and Shandong provinces. These findings have vital policy insight toward improving the quality of green innovations in China.
Emojulkaisu
ISBN
ISSN
1618-9558
1618-954X
1618-954X
Aihealue
Kausijulkaisu
Clean technologies and environmental policy|28
OKM-julkaisutyyppi
A1 Alkuperäisartikkeli tieteellisessä aikakauslehdessä (vertaisarvioitu)